/IRBIS, Dinara Mukasheva, March 13, 08/ - By results of trades on March 12 of the current year:

- on NYMEX (New York) price for Light Sweet Crude Oil blend with delivery in April of 2008 increased by 1.08% to $109.92 per barrel;

- on ICE (London) price of April futures for Brent Forties Oseburg oil increased by 0.97% to $106.27 per barrel;

Reaching of new price record, happening at the background of announcement of Energy Information Administration about growth of reserves of oil in USA for the week by 6.2 m. barrels to 311.6 m. with all evidence had proved that today situation on commodity markets is not depending form change of fundamental laws of consuming. Information of EIA had significantly exceeded the forecasts of market, which was expected the increase of reserves by 1.6 m. barrels.

Main moving power of market is staying the fall of US dollar in relation to euro and still high volatility of stock markets.

Data of the exchanges, published in various information systems, were used here.

[2008-03-13]